News came out today that New York Yankees Closer Aldoris Chapman will opt out of his deal with the Yankees, to hit the free agency market this coming offseason. This a not good move for Chapman.
Yes, I’m a Yankee fan but I see why he is opting out of his deal when he has two years remaining on his contract. He wants to have finical security for his family. No one can’t blame him for that.
If Chapman were to stay under his current contract, he won’t hit free agency again until he is 33 years old. No team is going to pay a 33 year old closer a lot of money.
What Chapman and his team are seeing is that this upcoming offseason might be their last chance to get a big contract that will be worth a lot of money.
If you are old MLB player and you are about to go into free agency, you will not get as much money as you want because teams are now more conservative with their money. Teams rather spend it on young superstars than old veterans.
Chapman might be looking for a 3-year deal worth about 54 million dollars this offseason. But, their is a good chance he might not even get that contract.
What I think Chapman and his team have failed to see is what has happened last offseason. Last offseason All-Star Closer Craig Kimbrel did not get a contract.
Kimbrel waited until June 7th to get a deal done with the Chicago Cubs. Yes, Kimbrel got a 3 year deal worth 43 million but the waiting process took so long. Plus, Kimbrel went into last offseason looking for a 5 to 6 year deal and didn’t get it.
I personal think Chapman should not opt out contract because is schedule to make 17.2 million dollars next year and the year after. If he opts out is his taking a big risk on the amount of money he will make next season he might go from making 17.2 million to 14.5 million.
But, I can’t tell him what to do. Chapman is doing what he thinks is best for him and his family.